Recently Pomona Rental noticed that its receivables turnover had gone down from 15 to 12...
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Finance
Recently Pomona Rental noticed that its receivables turnover had gone down from 15 to 12 times. This most likely is explained by the fact that:
a. Pomona has switched to a more strict credit policy.
b. Pomona's clients are taking longer to pay on their payables to Pomona.
c. Pomona is collecting its receivables faster.
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You can see the logs in the Dashboard.